SEC approves first 3x leveraged Bitcoin and Ether ETFs for US trading
The approvals clear the first triple-leveraged crypto funds, expanding retail leverage access while CLARITY Act market-structure legislation remains stalled.
Yahoo Finance · +14 outlets
US drops $10,000 reporting rule for crypto sent to private wallets, kills mixer proposal
FinCEN withdrew long-pending self-custody and mixer reporting proposals, though the DOJ is still pressing its Tornado Cash prosecution.
Coindesk · +3 outlets
OKX raises funding from Circle, Ripple and Standard Chartered at flat $25B valuation
The exchange is pushing beyond crypto trading into stablecoin payments and tokenized assets, following a joint venture with NYSE parent ICE.
Coindesk · +12 outlets
Bitcoin drifts around $85K as stocks hit records and ETF flows turn negative
BTC was rejected at $87,000 for a third time since late September as rising Treasury yields and equity strength pulled capital elsewhere; ETH, SOL and BTC ETFs
Coindesk · +8 outlets
Pudgy Penguins-backed Ethereum L2 Abstract to shut down Dec. 15 after 'tens of millions' lost
Users must bridge assets off the layer-2 network before the shutdown, ending one of the higher-profile consumer crypto L2 bets.
Theblock · +3 outlets
Winklevoss firm files for spot Zcash ETF with 0.25% fee under WINK ticker
Gemini would serve as custodian, setting up a fee and structure rivalry with Grayscale's existing Zcash ETF (ZCSH).
Theblock · +10 outlets
Strive buys $169M in bitcoin and authorizes $500M buyback funded by cash reserve
The roughly 1,600 BTC purchase far exceeds Strategy's recent buys, while the treasury firm is risking its cash reserve to trim dividend costs.
CryptoSlate · +2 outlets
Strategy holds 848,000 BTC as an accounting gain delivers a $4.1 billion tax windfall
The October filing reflects a paper gain tied to the bitcoin rally rather than cash proceeds, alongside surging STRC preferred buybacks.
Cryptoslate · +2 outlets
ZachXBT says he spent $349,700 to infiltrate Chinese launderers tied to Bybit hack
The blockchain sleuth says the intelligence helped freeze funds linked to the $1.5 billion Bybit hack attributed to North Korea's Lazarus Group.
Theblock · +9 outlets
Conduit sues Tether in New York over $2.76 million USDT freeze
The suit alleges Tether froze the funds for over a year without explanation and had no legal entitlement to them, testing issuer freeze powers.
Theblock · +14 outlets
Solana Foundation launches institutional settlement program with JPMorgan input
The open-source standard aims to settle institutional trades in seconds instead of days, with JPMorgan providing key design inputs.
Coindesk · +14 outlets
NYSE parent ICE partners with OKX to launch tokenized stock trading
The market would put Nvidia, Tesla and Apple shares onchain, and follows a record $15.6 billion month for tokenized equities led by Robinhood.
CoinDesk · +14 outlets
Binance BTC outflows hit highest since mid-2023 as whales return stablecoins
Reserves fell by nearly 40,000 BTC since Sept. 20, with roughly $3.3 billion pulled in 15 days while futures positioning and ETF flows flashed caution.
Cointelegraph · +8 outlets
Founders Fund leads $5M ANVL token buy in collateral protocol Anvil
Pantera Capital and Bullish joined the purchase as Anvil rolled out an SDK aimed at making its crypto collateral protocol easier for enterprises to integrate.
Coindesk · +2 outlets
FinCEN drops crypto mixing rule, but DOJ continues Tornado Cash prosecution
An October venue filing invokes a Bitcoin Fog appeal, showing narrower privacy policy has not ended the Tornado Cash case.
Cryptoslate · +9 outlets
Fortitude commits up to $100 million to expand Zcash mining
The firm secured priority access to BITMAIN's next-generation Zcash miners and more DCG financing as privacy coins outperform a flat bitcoin market.
Theblock · +5 outlets
Riot Platforms falls 10.6% after retiring $200M Coinbase credit facility
The miner fully repaid and terminated the secured loan, freeing collateral, while other miners like IREN pivot toward AI cloud deals.
finance.yahoo · +1 outlets
Metaplanet sells 10,000 BTC for $790M and buys 11,000 back for $950M
The Japanese treasury firm's round-trip trade and new net income plan raise questions about its strategy for funding further bitcoin purchases.
Yahoo Finance